Emiratis nearing retirement age whose roles can be supplemented by artificial intelligence (AI) may be eligible for an early retirement program. This initiative is one of several being explored to harness AI and boost workforce efficiency.
Contrary to widespread apprehension and earlier assumptions that AI would supplant human jobs, it has actually facilitated daily tasks and enhanced productivity. "We must dispel society's fear of artificial intelligence as it actually broadens job prospects," stated Omar Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, during a Federal National Council session on Wednesday.
In 2017, numerous reports forecasted that 40% of jobs would be lost to AI by 2025. "However, we did not witness any such scenario; instead, many individuals have benefited from AI in boosting their productivity," he noted. The UAE is currently prioritizing the training of its workforce to capitalize on the AI revolution and adapt to emerging technologies in their daily roles.
"For employees who are close to retirement within the next year or two and whose positions can be replaced by AI, we can contemplate early retirement for them," Omar suggested. Additionally, the minister plans to introduce a fund aimed at empowering Emiratis in the AI sector or those whose jobs can leverage AI. Several initiatives are slated for imminent rollout, he added.
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